Stocks Slump Again, but Impact on Tech Varies Widely
As the overall market fell 8%, Amazon shares only inched down fractionally while Uber and Lyft plunged.
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Recent Editions
TikTok Announces Content Advisory Council
TikTok's advisory council will advise the popular video-sharing app on content moderation policies.
Apple Announces iPad Pro With 3D Scanning, Trackpad Keyboard
The iPad Pro’s new 3D sensor is a precursor to Apple’s future ambitions to make an augmented-reality headset.
China Helps Tesla Combat Covid-19 in Shanghai Amid Rising Tension With U.S.
The special treatment for Elon Musk's factory in China is a stark contrast to the deteriorating relations between China and the U.S.
Facebook Says Spam Filter Accidentally Started Blocking Coronavirus-Related News
Users quickly noticed that their posts about Covid-19 were getting blocked, raising again questions of the platform's power to shape what people know.
Tesla, After Resisting California Virus Shutdown Order, Appears Ready to Comply
Health officials think containing the spread of a pandemic is more important than Elon Musk's ability to make cars.
Senators Urge FTC to Take Action Against Google Over Coronavirus-Related Ads
U.S. senators say Google is violating its own policies by running ads for products that exploit fears over coronavirus.
U.S. Government, Tech Discussing Using Location Data to Track Coronavirus
The U.S. government is in talks with the technology industry about ways to use smartphone location data to combat the coronavirus.
SoftBank Might Walk Away From Part of WeWork Bailout
In a note to WeWork shareholders, SoftBank said regulatory probes into the startup give it the right to cancel a planned purchase of $3 billion in WeWork shares.
Fox Buys Ad-Supported Streaming Service for $440 Million
Fox is the latest company to turn to ad-supported video as an alternative to all the subscription-based offerings coming to market.
Uber, Lyft Suspend Shared Rides; Waymo, Cruise ‘Robo-Taxis’ Shut Down
Waymo is still making some contractors work from its Phoenix office.
Scooter Operators Suspend Rentals Despite Exemption
Bird and Lime pull scooters out of San Francisco, while Spin is staying put.
Google Cloud Postpones Online Customer Conference
Google's decision to indefinitely postpone online cloud event comes two weeks after it canceled the in-person version of the conference.
China Expels U.S. Journalists From Top American Newspapers
The move, which affects U.S. journalists at the Washington Post, The Wall Street Journal and The New York Times, is unprecedented.
DoorDash to Stop Taking Commissions From Restaurants on Pickup Orders
The food delivery company said its goal is to help restaurants as they transition to delivery-only amid the coronavirus pandemic.
Amazon Prioritizing Shipping of Essential Goods
Amazon told independent merchants they can't ship products other than medical supplies, household basics and high-demand products until April 5.
Market Rallies 6% but Tech Stocks Vary
Amazon rose more than the market, while Facebook underperformed, a sign that ad-dependent stocks are being punished. Lyft and Uber continued to fall.
ESPN Eyes Re-Airing Old Games to Fill Programming Holes
As leagues cancel or postpone their season, ESPN is finding creative ways to fill programming holes.
Gojek Raises $1.2 Billion to Continue Battle With Grab
Gojek, which has discussed a potential merger with Grab, is trying to stay independent while bracing for the coronavirus impact on the global economy.
HashiCorp Raises $175M at a $5.1 Billion Valuation
HashiCorp's funding round, at a valuation triple what it last raised money at, came as the company emerged as the symbol for the remote workplace.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
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